Mustafa Rehman
Member
The Pakistan Stock Exchange (PSX) achieved a new "all-time high" on Thursday, surpassing 67,000 points, fueled by a bullish market trend.
The benchmark stock index reached a record intra-day high of 67,130, marking a 0.87% increase from the previous closing.
The stock market started the trading day at a historic level, with expectations of further gains due to positive market sentiment.
Conversely, the US dollar weakened on the fourth consecutive day. During intra-bank trading, the value of the dollar decreased by 14 paisas, with the exchange rate quoted at 278 rupees.
The benchmark stock index reached a record intra-day high of 67,130, marking a 0.87% increase from the previous closing.
The stock market started the trading day at a historic level, with expectations of further gains due to positive market sentiment.
Conversely, the US dollar weakened on the fourth consecutive day. During intra-bank trading, the value of the dollar decreased by 14 paisas, with the exchange rate quoted at 278 rupees.